IllinoisHB5747104th General Assembly (2025–2026)House

INC TX-CHILD WAIVER

Sponsored By: Martin McLaughlin

In Committee

Summary

Amends the Illinois Income Tax Act. Provides that a taxpayer who (i) is a resident of Illinois, (ii) is legally domiciled in the United States, and (iii) on or after July 1, 2027, becomes a parent, either through birth or adoption, may apply to the Department of Revenue for a waiver of the taxpayer's State income taxes for the taxable year in which the child is born or the adoption of the child is finalized and for the next 2 succeeding taxable years. Provides that, if a taxpayer has been granted such a waiver, that taxpayer's net income shall be zero for each taxable year for which the waiver is in effect.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Martin McLaughlin

    Affiliation unavailable

Cosponsors

  • Kevin Schmidt

    Affiliation unavailable

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added Co-Sponsor Rep. Kevin Schmidt

    4/23/2026House
  2. Referred to Rules Committee

    4/21/2026House
  3. First Reading

    4/21/2026House
  4. Filed with the Clerk by Rep. Martin McLaughlin

    4/21/2026House

Bill Text

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